Finance of America Companies Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Concentrations of Risk - Additional Information (Detail)

v3.21.2

Concentrations of Risk - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	May 31, 2021	May 30, 2021	Dec. 31, 2020	Jul. 31, 2017
Gain (loss) on sale of mortgage loans	$ 197,129	$ 284,948	$ 282,424		$ 291,671
Debt instrument, face amount	$ 350,000			$ 350,000				$ 350,009
Percentgae of entity revenue	23.00%	21.00%	25.00%		23.00%
Minimum [Member] \| Residential Mortgage
Concentration Risk, Percentage				5.00%
Minimum [Member] \| Non Agency Reverse Mortgage
Concentration Risk, Percentage				5.00%
Minimum [Member] \| Reverse Mortgage
Concentration Risk, Percentage				5.00%
Minimum [Member] \| Non Performing HECM Buyouts
Concentration Risk, Percentage				5.00%
Minimum [Member] \| Commercial Mortgage
Concentration Risk, Percentage				5.00%
Nonaffiliated Blackstone Portfolio Companies
Mortgage Loans held for sale	$ 33,400	$ 84,600			$ 98,700
Gain (loss) on sale of mortgage loans	900	4,000	$ 0		4,700
Nonaffiliated Blackstone Portfolio Companies \| Mezzanine Financing Agreement
Long-term Debt	20,900			$ 20,900				$ 21,500
Debt instrument, face amount									$ 45,000
Nonaffiliated Blackstone Portfolio Companies \| Mezzanie Financing Amendment Agreement [Member]
Debt instrument, face amount						$ 25,000	$ 45,000
Private Investors
Mortgage Loans held for sale	1,691,900	$ 1,724,300	$ 1,883,300		$ 3,384,100
Percentage of Nonperforming repurchased loans		33.20%	0.10%		11.00%
Percentage of Other Nonperforming repurchased loans		66.80%
Percentage of non-agency reverse mortgage loans			46.80%		31.90%
Percentage of commercial loans			23.50%		13.10%
Percentage of Thirdparty financial institutions			3.30%		6.90%
Percentage of Other thirdparty financial institutions			26.30%		37.10%
FNMA, FHLMC and GNMA
Mortgage Loans held for sale	$ 6,421,200	$ 7,696,600	$ 7,274,400		$ 10,850,600

- Definition

Percentage of commercial loans .

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Percentage of Nonperforming repurchased loans .

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Percentage of Other Nonperforming repurchased loans .

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Percentage of Other third-party financial institutions .

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Percentage of Third-party financial institutions .

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Percentgae of entity revenue .

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Percentage of non-agency reverse mortgage loans .

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- Definition

For an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division.

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- Definition

Face (par) amount of debt instrument at time of issuance.

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The gains (losses) included in earnings that represent the difference between the sale price and the carrying value of loans made to finance real estate acquisitions. This element refers to the gain (loss) and not to the cash proceeds of the sale. This element is a noncash adjustment to net income when calculating net cash generated by operating activities using the indirect method.

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Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations.

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Value of loans held-for-sale transferred to loans held in the entity's portfolio in noncash transactions.

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